Nomination of board members of AB SKF 
for the Annual General Meeting 2004

In accordance with a resolution taken at the Annual General Meeting of
AB SKF on April 15, 2003, this is to announce the representatives of the
four largest shareholders, who, together with the Chairman of the Board,
will work out a proposal for a board of directors, to be submitted to
the Annual General Meeting for decision.

Representatives:
Jacob Wallenberg, Knut och Alice Wallenbergs Stiftelse
Caroline af Ugglas, Skandia
Ramsay Brufer, Alecta
Tomas Nicolin, Tredje AP-fonden

The Annual General Meeting of AB SKF will be held on April 20, 2004.

Shareholders who wish to submit proposals on members of the AB SKF
Board, can turn to the Chairman of the Board of AB SKF on e-mail:

chairman@skf.com

or to one of the shareholder representatives at the following e-mail
addresses:

caroline.af.ugglas@skandia.se
ramsay.brufer@alecta.com
tomas.nicolin@ap3.se

Goteborg, October 23, 2003
Aktiebolaget SKF
(publ.)

For further information, please contact:
PRESS: Lars G Malmer, SKF Group Communication, tel. +46 (0)31 337 1541,
e-mail: Lars.G.Malmer@skf.com
IR: Marita Bjork, SKF Investor Relations, tel. +46 (0)31 3371994, 
e-mail: Marita.Bjork@skf.com

Aktiebolaget SKF, SE-415 50 Goteborg, Sweden, tel. +46 (0)31 337 1000,
fax +46 (0)31 337 2832, www.skf.com